Hello, dear community!
We haven`t posted an update for a while so let`s take a look at recent changes on the crypto market.
After several successful months bulls took a break, letting bears drop the total market capitalisation by over $60b from its highest in August.
Bitcoin also dropped to below $10,000, but the support at $9,450 managed to withstand the pressure. Other coins also went through losses. ETH is currently right below $170, which made many lose hope of the price returning above $200. LTC sank by about 13%, and BCH lost 6% of its value.
At the same time, Portugal authority claimed that crypto transactions are tax-free. And the Brazilian bank is going to launch a new crypto payment system. Such announcements should encourage people to use crypto in everyday life.